Deutsche Bank operating chief quits just days after promotion of CEO

Kim Hammonds will leave by 'mutual agreement' the bank said in a statement on Wednesday night

Kim Hammonds, chief operating officer of Deutsche Bank
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By

Paul Clarke

April 19, 2018 Updated: 12:58 p.m. GMT

Deutsche Bank’s chief operating officer has become the latest senior departure at the struggling German lender as its board continues to reshuffle the top ranks just a week after replacing its chief executive.

Kim Hammonds, who oversees technology and operations at the bank, will leave Deutsche by “mutual agreement” the bank said in a statement on Wednesday night. An ally of former chief executive John Cryan, several reports this week suggested her departure could be imminent, following the promotion of Christian Sewing to...